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Xauusdanalysis

Gold surged and then fell back to fluctuate, pay attention to 33 The first goal of trading is survival, and the second is profit. 📌 Driving events After experiencing the biggest drop in five months, gold prices rose on Thursday (April 24) and returned to above the 3300 mark. After US President Trump hinted that tariffs on China might be reduced and expressed no intention to remove Federal Reserve Chairman Powell, the market's risk aversion has cooled down. Gold hit a high of $3,367 during the Asian trading session, which can be regarded as ice and fire! 📊Comment analysis For participants in the gold market, the impact of this price plunge is self-evident. The stock prices of gold mining companies have fallen accordingly, and the production capacity that expanded in the early stage due to the rise in gold prices may face the risk of shrinking profits. At present, gold is under obvious pressure from above, and what needs to be paid attention to now is that the current round of gold adjustments is likely to continue, which means that it is not time to buy the bottom yet! 💰Strategy Package Except for the early morning wave, the strength of the hourly line rebound is actually somewhat weak. As for the European session, Labaron is more inclined to continue to be bearish, and the current first round of rebound pressure is around 3350! If the rebound is in place, you can continue to try short orders! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
XAU/USD Gold Trade Plan 24/4/2025XAUUSD (Gold) Trading Outlook: Buy Entry: $3,325 Key Support Zones: $3,260 and $3,200 Market Scenarios: Bullish Scenario: If XAUUSD sustains above the $3,260–$3,200 support zone, the bullish structure remains intact. A rebound from this zone may offer a buying opportunity with an upside target of $3,500. Bearish Scenario: If the price breaks below the $3,200 support level and falls through the channel, it may signal a bearish trend continuation, suggesting potential downside movement.
OANDA:XAUUSDLong
by XAUUSD-Trade-ideas
5
Is gold about to peak? Is the bull market still there?In fact, it is normal for a strong bull market to have a rapid washout. The logic of the bull market is not Trump's call to Powell. Trump's tricky operation is only a plus for the rise of gold, not a must. The logic of the rise of gold is that the repayment ability of US debt is questioned and the hegemony of the US dollar is challenged. The fact of the long-term fiscal deficit of the United States and the visible growth of US debt are the real driving forces. As the International Labor Day is approaching, the bulls in the Asian market often choose to leave or reduce their positions in order to reduce warehouse interest and realize profits, which will cause a phased downward adjustment. In other words, from the perspective of the future, the underlying logic of the bull market has not changed. Holders of physical gold do not need to worry too much. They are optimistic about the strong bull market of gold in the future. The decline is often an opportunity to get on the train again. In the past, they waited for adjustments, and after adjustments, they were afraid that the bull would be gone, which made them worried about gains and losses. Technical analysis: The current gold price is in a stalemate stage of long-short game. On the one hand, the path of the Fed's easing policy has been basically clear, and the US dollar is facing correction pressure; on the other hand, the stable global risk sentiment and the strong performance of the stock market have weakened the attractiveness of gold as a safe-haven tool. The repeated signals of global trade negotiations have also made the market direction unclear. From a technical point of view, gold has received support after the correction to the 26.3% Fibonacci retracement level near 3317 this week, and has returned to above $3,300 in the short term. The upper resistance focuses on the position of 3360. Once it breaks through, it will open up the space leading to the 3400 mark. Quide Strategy Analysis: After the early Asian market rose, it fell back and fell below the support levels of 3351 and 3330 analysis. Now the market rebounded near 3325, which is also in line with the trend of pulling back and forth. In the big trend, the gold rally did not exceed 3380, so there is still downward demand, that is to say, it can only be regarded as a rebound on the way down. In the short term, this wave of gains stopped at 3367. Now it broke through 3351 and pierced 3316 to rebound. The main focus on the upper side is the support-to-resistance level of 3350. With 3350 as the protection, go short to see the gold price break through 3314. If it breaks down effectively, it can move down to see the turning point of the rebound between 3283 and 3260. On the whole, in terms of the short-term operation strategy of gold, Quide recommends rebound shorting as the main strategy and callback longing as the auxiliary strategy. The upper short-term focus is on the 3360-3370 line of resistance, and the lower short-term focus is on the 3310-3300 line of support. Market trading signals are fleeting. Market trading signals are fleeting, and Quaid hopes that traders will seize every trading opportunity and become ace traders in the gold market.
OANDA:XAUUSD
by Quaid-1
XAU/USD "The Gold" Metal Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metal Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red zone area. It's a Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (3400) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📍 Thief SL placed at the nearest/swing low level Using the 2H timeframe (3280) Day / Swing trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 3700 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 💰💵💸XAU/USD "The Gold" Metal Market Heist Plan (Swing/Day Trade) is currently experiencing a Bullish trend.., driven by several key factors.☝☝☝ 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Future trend targets with Overall outlook score... go ahead to check 👉👉👉🔗🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
TICKMILL:XAUUSDLong
by Thief_Trader
Gold short-term adjustment riskTechnical analysis of gold: The strong rise of gold in the early trading session is indeed a bit surprising. We have to think about whether gold has reversed? Or is it just a rebound? However, gold is under pressure from the moving average resistance, and the sharp rise in the early trading session is often easy to rush high and fall back. Gold 3365 continues to be short, and it falls and harvests as expected. Now it seems to be just a rebound, but the rebound is a little larger. From the daily level, gold rose strongly during Tuesday's trading, touched the key price of 3500, then fell under pressure and finally closed with a negative line. This trend of rushing up and falling back shows that the upper selling pressure is heavy, and the bulls are strongly blocked by the bears at high levels. Immediately afterwards, gold continued to fall on Wednesday and closed with a negative line again, forming a technical pattern of two consecutive negative lines. This continuous decline further confirms that the short-term bears dominate. From the 4-hour gold chart, the price of gold has been fluctuating and falling since it was under pressure at the 3500 level. The current price has fallen back to the 3260 level, with a short-term decline of 240 US dollars. Although there is a rebound during the day, the upward trend is currently destroyed. The MACD indicator has issued a death cross change signal, suggesting that the correction trend may have started. Pay attention to the pressure effect of the 3368 level during the day. For the current market, the rebound is just a flash in the pan, and gold has rebounded again, reaching a maximum of 3367 before retreating. It is currently maintained at around 3330. In fact, the market is currently at a loss for long and short positions, and is unable to withstand its huge fluctuations. For the morning's high and fall, we support it according to the shock retracement. If the European session rebounds again near 3358-60, continue to try to short, the target is around 3320-10, and the loss is 3370. The market amplitude is so drastic that I need to strictly implement good operating habits, try with a light position, strictly stop loss, and don't have a fluke mentality! On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is the 3368-3370 line of resistance, and the short-term focus on the lower side is the 3260-3285 line of support. Short order strategy: Strategy 1: When gold rebounds around 3358-3360, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3320-3300, break the position and look at 3260 Long order strategy: Strategy 2: When gold falls back to around 3260-3265, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3300-3330, break the position and look at 3350
OANDA:XAUUSD
by GillChristy
Gold Analysis April 24D1 candle closed with a sharp decline of nearly 100 prices And today's opening with a price gap of more than 100 prices shows the instability of the market. Returning to the h1 time frame wave will be easier to grasp. At the beginning of the European session, the market decided that the buyers won and are pushing up from 3322. Pay attention to the immediate area of ​​3340. If it breaks at the end of the European session, continue to wait for the price reaction at 3363. If it doesn't break, you can SELL. In the opposite direction, if it breaks 3363, wait for 3384 for the SELL strategy. The BUY strategy is focused on the European session's price push zone of 3322. When it breaks, pay attention to the GAP opening zone this morning at 3295 and the bottom zone yesterday at 3266
OANDA:XAUUSD
by TVS-Trader
Gold Price Analysis April 23Candle D has a clear bearish confirmation and the 4-line structure is being continuously sold, leading to the gold price falling nearly 200 prices from ATH. Today's strategy will mainly be SELL following the market trend. At the end of the European session, the price breaks 3319, then wait for a retest to BUY up towards the resistance zones of 3379 - 3345. If it does not break 3319, then SELL Gold back to 3275 and 3247. Pay attention to the price reactions in the chart areas to have a reasonable BUY and SELL strategy.
OANDA:XAUUSD
by TVS-Trader
GOLD → Holdings are still insufficient, and there is still potenThe gold market has pulled back sharply one day after hitting an intraday record high of more than $3,500 an ounce. But Quaid believes that the gold rally is far from over as gold is severely under-owned and still cheap by some indicators. Investors may see some short-term volatility as gold's parabolic move above $3,400 an ounce has made it "overbought at certain technical levels." However, overall, gold is still widely ignored by investors. This could be a good technical target for gold. Comparing historical gold prices to the cost curve, the ratio shows that we can go further. Although the opportunity cost of holding gold will remain high, gold remains an important safe-haven asset. While a large number of investors continue to ignore gold, there is one group in the market that is buying as much of the precious metal as possible, and that is central banks. Central banks will continue to buy gold as they question the reliability of the United States as a trading partner. The dollar is still weakening despite the selling of long-term U.S. bonds. This shouldn't happen, so there are definitely signs that not all US Treasuries are traditional safe-haven assets, and gold will benefit from this. I hope this comprehensive analysis by Quaid can help all traders. If you have other ideas, please leave a message to Quaid and we will discuss its trend together.
OANDA:XAUUSD
by Quaid-1
GOLD – Will the Correction Continue or Is It Over?📉 What happened yesterday? Gold extended its drop and touched a low around 3260. A recovery of around 1000 pips followed — a typical day for Gold lately, just daily noise... However, during the Asian Session, selling pressure kicked in again and we’re now seeing fresh weakness. ❓ Has Gold finished correcting or is there more to come? That's the big question. And the answer might lie in the 3300 zone — specifically the 3285–3300 range. Why? Because this is where the last powerful bullish impulse started, the one that took Gold to kiss the 3500 level. 🔍 Why continuation of the correction is still possible: - We’re seeing a retest of support, not a new higher low – this weakens the bullish case. - The Asian Session high lines up with the old ATH, potentially forming a Head and Shoulders pattern – not confirmed, but worth watching. At least the market madness of the past days has now given us clearer levels to work with: → Below 3280 = further downside possible, with 2k pips target if H&S confirms → Above 3350 = likely trend resumption, aiming again for 3500 📌 My trading plan: Even though I always work with 2 scenarios, I usually have a preferred one. It's not the case at this moment, so I'm still out. - If I see momentum above 3350, I’ll look to buy. - If I see a break under 3300 with confirmation, I’ll look to sell continuation. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSD
by Mihai_Iacob
7
Gold Drops $200 in Hours – Panic or Opportunity? 📌 Gold Plunges $200 – Volatility Surges Amid Fed Signals and Market Panic 🔥📉 📰 What Just Happened? Yesterday, gold (XAU/USD) experienced one of its sharpest intraday drops in recent months, tumbling from the all-time high around $3,500 to as low as $3,318, losing nearly $200 in just a few hours. This marked a significant correction following an extended bullish trend. 🔍 Key Drivers Behind the Crash Fed-related commentary spurred aggressive profit-taking across the market. The USD staged a technical rebound, exerting downward pressure on gold. Rapid sentiment shifts triggered panic selling and liquidation flows. 🧭 What’s Next for Gold? The $3,300–3,320 zone is now a crucial support — if this level holds, a technical recovery could unfold. However, a break below $3,300 may expose gold to deeper downside targets near $3,250. ⚠️ Strategic Considerations This is a high-volatility environment — flexibility and strict risk management are key. Current sentiment is fragile. Unpredictable political headlines and mixed Fed signals are adding to the uncertainty. In the latest development, Trump clarified he has no intention to fire the Fed Chair and hinted that China’s tariffs could be eased slightly — but not eliminated. These mixed messages continue to create sharp swings in price. 📊 Trade Plan 🔻 SELL ZONE #1: Entry: 3,378 – 3,380 Stop Loss: 3,384 Take Profits: 3,374 → 3,370 → 3,366 → 3,362 → 3,358 → 3,350 🔻 SELL ZONE #2: Entry: 3,408 – 3,410 Stop Loss: 3,414 Take Profits: 3,404 → 3,400 → 3,396 → 3,392 → 3,386 → 3,380 🟢 BUY ZONE: Entry: 3,292 – 3,290 Stop Loss: 3,286 Take Profits: 3,296 → 3,300 → 3,304 → 3,308 → 3,312 → 3,316 → 3,320 The priority remains to sell into rallies near resistance while the downtrend unfolds. All trades should be protected with tight stop-losses, given the current unpredictability. 🧠 Key Takeaways This is not a market for guessing — wait for price confirmation at key zones. Focus on reaction zones, not forecasts. Stay light, stay nimble, and manage risk carefully — news-driven volatility is at its peak. 💬 How are you positioning in this volatile gold market? Waiting for the bounce or selling the rallies? Let us know below! 👇👇👇
OANDA:XAUUSDShort
by MMFlowTrading
6
Early Asian session. Latest market analysisIn early Asian session, spot gold rebounded slightly and is currently trading around $3,345/oz, supported by bargain hunting. The U.S. session continued its trend of retreating from record highs, falling nearly 3%, hitting a low of $3,260.08/oz and closing at $3,288.18/oz. People familiar with the matter revealed that the Trump administration is considering reducing tariffs on imports from Asian powers, adding that any action would not be unilateral. Quaid Analysis: People are very relieved about the possibility of negotiations between major powers, and we are seeing this trend have a significant impact on the market. Driven by central bank buying, tariff war concerns and strong investment demand, gold prices have risen by more than 26% since the beginning of 2025. A large number of long orders are facing profit-taking needs, and investors need to beware of the risk of further correction in gold prices. From a technical perspective, gold prices hit $3,500, soared before this level, and then reversed sharply, which increases the risk of further correction in the short term. The preliminary monthly rate of durable goods orders in the United States in March and the number of initial jobless claims in the United States for the week ending April 19 will be released on the Asian trading day. Investors need to pay attention to them. In addition, they need to continue to pay attention to the relevant news on the international trade situation and the geopolitical situation. Action suggestions: Go long at 3345, stop loss at 3340, watch 33380 If Quaid's analysis can help traders, then Quaid will be very happy.
OANDA:XAUUSD
by Quaid-1
Gold price has stopped falling, can we buy higher?The short-term 4-hour middle track 3380 has been lost and has become a key counter-pressure point. As long as it does not stand above it again, it will maintain a downward correction. After breaking 3292 below, it will be the 66-day moving average of 3260. The 1-hour K-line is under pressure, After last night's consolidation and pull-up,plus MACD has a golden cross below the zero axis. This wave of $200 rapid decline has almost corrected most of it. If it continues downward for another wave, or with the help of bottom divergence, it will slowly brew a short-term bottom; today's gold rebound focuses on the resistance below 3340, below the extreme middle track 3356, it is still bearish if it cannot withstand the pressure, and it will start to consider bottom-fishing if the strong support 3260 or 3245 is stable;
OANDA:XAUUSDShort
by RuthMansfield
1
"The tariff war" continues to manipulate the market.As evident from the chart, the drastic ups and downs triggered by tariffs this month have persisted, with the number of days seeing gold fluctuate by over $100 surpassing the historical total. Any speech, statement, or even minor move by Trump can sway market direction. We believe this essentially constitutes market manipulation, even transforming the market into a "battlefield" for the U.S. government to siphon off capital. However, since we cannot alter the status quo, we can only choose to accept it. Currently, gold has entered an adjustment phase, and market trends could reverse at any moment due to a single news event. During this period, we need to stay calm, observe more, think critically, and carefully assess market dynamics.
OANDA:XAUUSD
by H_C_12
1
Gold peaked and plummeted, entering a correction mode!Analysis of gold market trend: Technical analysis of gold: Today, the highest price of gold is 3386, and the lowest price of US market is 3260, which is also a drop of 126 points. Although gold has continued its decline, it is not like yesterday. The decline is accompanied by a rebound. The trend of Asian market is a back and forth, and the trend of European market is also a back and forth. Needless to say, the US market fell after the opening and the current rebound, the overall rhythm is bearish, but it is not as clean as Tuesday. This trend reflects the opposition of market sentiment. After the risk aversion subsided, the gold price fell from the high of 3500, but after the long position was sold at a high level, some people still took over at a low level, so it led to a rebound trend after the decline. Now from the daily chart, the daily K is likely to close with an upper shadow line as on Tuesday. Now the upper shadow line has been formed, so the closing price should be below the opening price of 3320. Now we need to pay attention to whether the lower shadow line can continue to spread downward. In other words, after this wave of rebound in the US market, there will be another wave of decline, and there will be a small rebound; returning to the short-term trend, in 1 hour, after the gold price fell below the two key positions of 3356 and 3285 today, the support moved down to around 3245. Although there was a rebound in the US market, it is likely to go to the range of 3228 to 3245 before rebounding, so the support references are 3260 and 3245; on the other hand, the resistance level, now the gold price pierces 3285 and then rebounds, and is now trading near this. The only reference is 3315 in the Asian session, and then up is the European session rebound high of 3340. If it is effectively crossed here, the bearish outlook will be suspended. ​The direction of the end of the session is bearish. The steady operation is to intervene in short orders near 3320 to protect the area near 3330. Of course, you can intervene in short orders near 3310 to see if it can reach the range of 3260 to 3245. This is up to you. Even if it touches this range and rebounds later, I do not recommend participating in long orders. Overall, today's short-term operation strategy for gold is to focus on rebound shorting. The short-term focus on the upper side is 3315-3320 line resistance, and the short-term focus on the lower side is 3260-3245 line support. Friends must keep up with the rhythm.
OANDA:XAUUSDShort
by TP_Daniel1
The rise of the US dollar index suppressed gold.From the perspective of technical analysis, the gold daily chart shows a large negative line pattern and then forms an inverted hammer reversal prototype structure. Today, the key support level below has moved down to the 3300 integer mark area. In the US hourly chart cycle, after the gold price short-term touched the price of 3290 US dollars/ounce, the technical indicators showed oversold repair characteristics, suggesting the existence of technical rebound momentum. The upper resistance level of the current price range is locked in the 3350-3360 US dollars/ounce area, and the core defense level below is still 3300 US dollars/ounce. I think if this support level is effectively broken, it may trigger a technical bottoming out of the price in the 3250 US dollars/ounce area. It is worth noting that the US dollar index has a short-term technical retracement. This kind of currency market fluctuation may provide a phased rebound support for the gold price through the exchange rate transmission mechanism. However, we need to be alert that the gold price has fallen below the 23.6% Fibonacci retracement level of the upward trend started from $2,900/ounce. If the 38.2% retracement level of $3,289/ounce is confirmed to be lost, it may trigger the resonance of technical stop loss orders and programmatic trading systems, forming further selling pressure. The current market structure shows typical characteristics of long-short game. It is recommended to pay close attention to the significance of gains and losses of $3,300/ounce for trend judgment. Operation strategy: 1. It is recommended to short gold when it rebounds around 3,310, with the target at 3,290.3250
OANDA:XAUUSDShort
by TP_Daniel5
Gold once fell below the 3,300 mark, can it rise again? 📌 Driving Event Spot gold (XAU/USD) once fell below the 3,300 US dollar mark, a significant correction from the previous historical high of nearly 3,500 US dollars. The market's risk appetite has increased, making the attractiveness of safe-haven assets weakened in the short term. However, repeated news about the direction of US policy and the Fed Chairman's movements may still affect the market in the medium and long term. 📊Comment Analysis From the perspective of market sentiment, the strong rise in gold prices in the early stage mainly relied on safe-haven demand and speculation about subsequent monetary easing. However, the short-term trend has led to some profit-taking in safe-haven assets due to the recovery of the equity market. This change in sentiment reflects the current market's optimism and caution about the US macroeconomic environment: once risk appetite weakens again, gold may be supported again; if risk appetite continues to rise, gold prices may continue to retreat. Overall, the market is in a state of repeated game, and sudden news can easily lead to large fluctuations in gold prices, and we need to continue to pay attention to the evolution of risk sentiment. ✅ Outlook for the future Short-term outlook: In the case of short-term technical continuation signals, gold prices may remain weak, and the support around $3,300 and $3,230.00 is worth paying attention to. If volatility further increases, it is not ruled out that prices will rebound quickly or bottom out rapidly. Medium- and long-term outlook: The upward structure at the daily level has not been completely destroyed. If the uncertainty of US policies increases or economic data is weak in the future, it will once again drive the recovery of safe-haven demand. Gold prices may still regain their upward momentum and hit $3,500 or even higher. On the contrary, if the equity market continues to strengthen, gold prices will face deeper correction pressure. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
2
Gold Traders Pay AttentionA Major Buying Opportunity is Emerging for GOLD ( XAUUSD ) In this analysis, we highlight an upcoming potential buy zone on GOLD ( XAUUSD ) that could present a significant trading setup. We’ll break down recent price action, key support zones, and technical signals that traders should keep on their radar. Whether you're focused on intraday strategies or swing trading, these insights can help you position effectively for the next major move. Don't miss out—watch the full breakdown for complete details. Share your GOLD trade strategy in the comments below.
OANDA:XAUUSDLong
by Peter_Wade
Gold "skydived" from $3,500, where will the landing price be?Fundamental analysis: the game between policy signals and safe-haven demand From a fundamental perspective, Trump's moderate statement is the core driving factor of this round of gold correction. However, as tariff expectations cool, investors are beginning to reassess the attractiveness of risky assets. The three major U.S. stock indexes closed higher on Tuesday, and the 10-year U.S. Treasury yield fell slightly, indicating that the market's confidence in the economic outlook has recovered. Against this background, the safe-haven premium of gold has been weakened, and profit-taking has accelerated. In addition, the Fed's policy expectations are still an important variable affecting gold. At present, the market generally expects the Fed to continue to cut interest rates in 2025, but the pace and magnitude depend on inflation data and economic performance. If the expectation of interest rate cuts further heats up, the US dollar index may be under pressure, thereby providing some support for gold. Technical analysis: pullback pressure and key support The gold price fell below the support of $3,300, and the next key level points to $3,282, which coincides with the low point on April 17. If the decline continues, $3,150, as the pivot point in early April, will become an important defensive line for bulls. On the contrary, if the price stabilizes and rebounds, the pivot point of $3,415 will be the first resistance level, and further upward movement needs to pay attention to the higher resistance of $3,464. It is worth noting that the current price is far away from the resistance level of $3,415, and the rebound momentum may be limited in the short term, unless new fundamental catalysts appear to push the RSI back to the overbought area. Quaid's comprehensive analysis: The gold market has entered a consolidation phase after a rapid rise, and short-term correction pressure still exists, but in the long run, safe-haven demand and fundamental support remain solid. Quaid recommends that traders pay close attention to US policy trends, the trend of the US dollar, and the performance of key technical levels to grasp the market rhythm. At the same time, Quaid will always pay attention to international news so as to make timely analysis and suggestions for traders; to help traders get out of the current predicament.
OANDA:XAUUSD
by Quaid-1
4/23 Gold Trading StrategyGold saw a sharp decline from 3500 to around 3360 yesterday, and our selling strategy delivered significant returns. Over the weekend, Trump stated he has no intention to fire Powell and hinted at easing trade tensions. This quickly dampened market risk aversion, causing gold to plunge at the open today to near 3320. The downward momentum remains strong. In this kind of market, flexibility is key. A sharp drop is usually followed by a rebound, but the strength of that rebound is what matters. Technically, the potential bounce is estimated at around $50, but whether the price continues to rise or resumes its decline will depend on how the market digests the news. Technical levels (excluding news impact): Key resistance: 3410–3440 Key support: 3328–3303 Considering the news: Key resistance: 3346-3372 Key support: 3298–3268 Trading Strategy for Today: Sell between 3410–3440 Buy between 3297–3267 Trade flexibly within 3386–3332 / 3296–3328
FOREXCOM:XAUUSDLong
by China_MsWang
2
Can gold continue to fall and set a new high?This wave of gold correction is still ongoing. In fact, the market has a warning for today's pullback. After all, yesterday's closing line was a big negative line, so the trend of gold will definitely continue. Moreover, after gold rose to the 3500 level yesterday, the trend weakened. The market fell all the way and broke through the 3400 mark and the 3300 mark, and fell to the lowest level of 3290! To be honest, this round of decline is still quite strong. After breaking the continuous positive trend, the market ushered in the suppression of the market pullback, and at present, there is still a trend of continuation! On the whole, the short-term operation strategy of gold is recommended to be short-selling on rebounds and long-selling on pullbacks. The short-term focus on the upper side is 3320-3330 resistance, and the short-term focus on the lower side is 3285-3245 support.
OANDA:XAUUSDShort
by JoshuaEmmie
XAU/USD - H1 Time Frame Trade Plan 23-04-2024⚙️ Gold (XAU/USD) – H1 Time Frame Trade Plan 🧭 Current Market Bias (H1) Check if price is above or below 50 EMA and 200 EMA Above both = bullish bias Below both = bearish bias Between = range / indecision ✅ Bullish Trade Setup (Buy the Dip) Entry Zone: $2,340 – $2,350 (recent demand zone) Entry Signal: Bullish engulfing / hammer / RSI bounce from 40 Stop Loss: $2,325 (below recent swing low) Take Profit 1: $2,370 Take Profit 2: $2,390 Risk:Reward: At least 1:2 ❌ Bearish Trade Setup (Sell the Rally) Entry Zone: $2,390 – $2,400 (strong resistance) Entry Signal: Bearish engulfing / shooting star / RSI rejection from 70 Stop Loss: $2,415 (above previous swing high) Take Profit 1: $2,360 Take Profit 2: $2,340 📌 Extra Tips Use MACD crossovers or RSI divergence for confirmation. Avoid entering during high-impact news (e.g., FOMC, CPI, NFP). Consider partial closes and trailing stops if price action moves in your favor.
OANDA:XAUUSDLong
by Forexcryptowithjohn